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a senior white house aide confirms the obama administration is offering $1.4 trillion in revenue. you remember the previous offer by the white house was 1.6 trillion in revenue. so a little decline there but, no talk of spending right? we'll bring you more details as we have them. >>> the tragic death of dallas cowboys player is sparking debate how much control employers can imposed over their workers. over the weekend krou boys linebacker jerry brown was killed in a drunk driving accident with fellow teammate josh brent at the wheel. the cowboys are considering installing a device called safe-key in every player's car. it prevents cars from driving if the driver doesn't pass a visual hand-eye coordination test. the cowboys won't be the first organization to have rules. here at "money" we told you about it. ri health which fired 150 workers for not getting flu shots. the question is, are these kinds of rules fair to employees and are they even legal? here to figure this out is attorney nicole davord. thanks for coming on. >> sure. thanks for having me. melissa: let's start with th
a senior white house aide confirms the obama administration is offering $1.4 trillion in revenue. you remember the previous offer by the white house was 1.6 trillion in revenue. so a little decline there but, no talk of spending right? we'll bring you more details as we have them. >>> the tragic death of dallas cowboys player is sparking debate how much control employers can imposed over their workers. over the weekend krou boys linebacker jerry brown was killed in a drunk driving...
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Dec 13, 2012
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if that were, in fact, true, that's a very serious accusation to say that the obama administration in the form of the department of homeland security would have shielded an incumbent democrat running for re-election against a well-funded republican challenger, that they would have seemedded him from this embarrassment in the weeks before the election would be a very serious charge, very serious, indeed. megyn: they come out and say that is categorically false. a homeland security spokesman says it is categorically false that we delayed the arrest of this guy, luis abraham sanchez zavaletta until after the election. so we have two diametrically opposed stories. one is on the record, one is off. where does that leave us? >> i don't want to end up in kelly's court today, but i think the term is -- there is at least circumstantial evidence in this case that says that the timing at least is tremendously favorable for the senator, for senator menendez. the timing of this couldn't have been better. so certainly the timing benefited him greatly. whether that was, whether there was malfeasance
if that were, in fact, true, that's a very serious accusation to say that the obama administration in the form of the department of homeland security would have shielded an incumbent democrat running for re-election against a well-funded republican challenger, that they would have seemedded him from this embarrassment in the weeks before the election would be a very serious charge, very serious, indeed. megyn: they come out and say that is categorically false. a homeland security spokesman says...
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Dec 9, 2012
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you write under the obama administration that the u.s. had a morbid subversion of the infrastructures of its economy. the public sector has become a manipulative forest, aggressively intervening in the venture and financial sectors with guarantees and subventions that attract talent and debunking. >> the worst of this is the korean cast of the obama administration. the epa now has gained control over everything. see so to have been deemed a pollution, dangerous to the environment in co2 is of course that these plans. they attempt to surprise or two epitomize the anti-nature, enterprise spirit of this administration. the reason we need another supply-side revival of the same kind we had under ronald reagan. >> would you change anything you wrote in the original "wealth and poverty"? >> i would've changed quite a lot. there's all kinds of details that a changed. but i found that to try to change one thing would be to change everything. so you know, you get into the morass of editorial work. so instead of changing an essentially retained the
you write under the obama administration that the u.s. had a morbid subversion of the infrastructures of its economy. the public sector has become a manipulative forest, aggressively intervening in the venture and financial sectors with guarantees and subventions that attract talent and debunking. >> the worst of this is the korean cast of the obama administration. the epa now has gained control over everything. see so to have been deemed a pollution, dangerous to the environment in co2...
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now there's no doubt that wednesday's launch has deepened that rift but the obama administration has few choices but to continue the dialogue with north korea while increasing pressure with sanctions. >>> insuring americans have stable prices and are employed, these are two goals of the chair of the u.s. reserve is charging ahead with. it seems like ben bernanke has specific numbers if mind. >> he does. he says he and his colleagues are not going to stop until they see the numbers become a reality. they will keep interest rates close to zero. that's until the unemployment rate falls to 6.5%. federal reserve officials gathered to discuss measures to support the committee in a two-day meeting that ended wednesday. they say it continues to expand at a moderate pace approximate while unemployment was down slightly second-degr the aim of this program is to drive down interest rates. for its next step the fed will start buying the same amount of treasury bonds in january. that's on top of the 40 billion each month it's buying in morning bonds. analysts say it's an unprecedented move for th
now there's no doubt that wednesday's launch has deepened that rift but the obama administration has few choices but to continue the dialogue with north korea while increasing pressure with sanctions. >>> insuring americans have stable prices and are employed, these are two goals of the chair of the u.s. reserve is charging ahead with. it seems like ben bernanke has specific numbers if mind. >> he does. he says he and his colleagues are not going to stop until they see the...
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guest: the reference to the word "forward" and how do you obama administration used in the campaign, but we have been named in 2009. host: he was saying before the reelection campaign. caller: the small business groups you represent, where their feelings about tax reform, and specifically what they support a national sales tax? i supported in gary johnson. regarding the affordable care act, will your membership consider abandoning -- providing health care or health insurance for employees and letting them deal with these exchanges in order to save money? my understanding is the affordable care act is onerous on small business. thank you. guest: . right. just to clarify, we are trying to help business leaders like you speak for yourself. we do not take positions on particular provisions. if we are doing something on the affordable care act for tax reform in general, our job is to bring as many talented business people as beacon to washington and have them speak for themselves -- as we can to washington to have them speak for themselves. in terms of tax reform, you are talking on somet
guest: the reference to the word "forward" and how do you obama administration used in the campaign, but we have been named in 2009. host: he was saying before the reelection campaign. caller: the small business groups you represent, where their feelings about tax reform, and specifically what they support a national sales tax? i supported in gary johnson. regarding the affordable care act, will your membership consider abandoning -- providing health care or health insurance for...
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and running the obama administration was talking about it but then it fell offer the map. what do you see going forward in the governor's race and if you are getting some pressure from the democratic party to finally make this a competitive state again. >> i haven't been on the job long enough to tell you that we worked deeply on arizona -- i haven't yet. arizona is changing. there is no reason why we can't win the governorship there and i suspect that there are many in arizona who feel their current leadership is not balanced. obviously, they wish they had a different governor. there is a huge opportunity for us there to say, hey, we think we can elect an democratic governor who can create jobs and be more balanced and stable than what you are used to. >> i want to ask you about texas. rick perry has been in office since 2000 and it is more than 20 years that texas has elected a democrat and that was ann richards. why is it so hard for texas to elect an democratic governor? >> something in the water. texas is a tough state and we acknowledge that. >> is it going change in
and running the obama administration was talking about it but then it fell offer the map. what do you see going forward in the governor's race and if you are getting some pressure from the democratic party to finally make this a competitive state again. >> i haven't been on the job long enough to tell you that we worked deeply on arizona -- i haven't yet. arizona is changing. there is no reason why we can't win the governorship there and i suspect that there are many in arizona who feel...
SFGTV2: San Francisco Government Television
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Dec 7, 2012
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we are at the forefront of the obama administration's push to establish a broadband foundation needed to support the innovation economy in the united states. we are looking to produce better and new jobs and position to ensure that america remains at the forefront of the economy in the 21st century. we are working to ensure that all americans have the resources and the skills necessary to fully share in all of the possibilities, civic, social, and economic. all of these made possible by the internet. that is one of the reasons we are here today. he discovered for the administration is the broadband technology opportunities program or btop. this program was established in 2009 by the american reinvestment and recovery act and is administered by ntia. we have nearly $4 billion invested in roughly 230 projects across the country, all aimed at expanding broadband access and adoption in the country. and i want to tell you a little bit about the programs and then tell you about why we care so much about this issue. so, we have the btop for infrastructure projects. these are building broadba
we are at the forefront of the obama administration's push to establish a broadband foundation needed to support the innovation economy in the united states. we are looking to produce better and new jobs and position to ensure that america remains at the forefront of the economy in the 21st century. we are working to ensure that all americans have the resources and the skills necessary to fully share in all of the possibilities, civic, social, and economic. all of these made possible by the...
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Dec 10, 2012
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. ♪ megyn: new controversy today over the obama administration's decision to invite south -- well, to have south korea's rapping sevennation psy -- sensation psy perform for the first family. he has become an international phenomenon but has recently gained notoriety for an anti-american song back in 2002 in which he sang about killing all the yankees slowly and painfully. there were calls for psy to be uninvited from the annual christmas in washington benefit. instead, he was greeted personally by president obama himself. joining me now, brad blakeman, former deputy assistant to president bush, and dick harpootlian, chairman of the south carolina democratic party. so i just want to -- i'm not sure the way we phrased that, the obama administration's decision to invite him, because the white house says they weren't the ones who invited him at all, but they didn't step in to stop it or object to it in any way after it emerged that he had gone on this rant eight years ago, and it is a disgusting rant, and i think most of the viewers would agree that, you know, calling for the troops and
. ♪ megyn: new controversy today over the obama administration's decision to invite south -- well, to have south korea's rapping sevennation psy -- sensation psy perform for the first family. he has become an international phenomenon but has recently gained notoriety for an anti-american song back in 2002 in which he sang about killing all the yankees slowly and painfully. there were calls for psy to be uninvited from the annual christmas in washington benefit. instead, he was greeted...
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Dec 8, 2012
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the obama administration, president obama, during the campaign, has been open about his desire to try to engage iran bilaterally. it's often portrayed as kind of a last-ditch effort at dip application before you might have to resource to other options. would a bilateral negotiation, were that over to come about, give the u.s. an opportunity to engage on human rights issues? i mean, the u.s.' general policy, they want to keep it limited to arms control. is that proper or would there be an opportunity, window for thetas engage with iran on these other -- >> there's always a sort of a conceptual dissidence, a conceptual dispute. there is a group of -- one point of view suggests that the agenda should be kept narrow, because otherwise it gives the iranians the opportunity to divert to talk about afghanistan, bahrain, syria. so the agenda has to remain narrow as a means of focusing issue of our principle concern, meaning proliferation. that's one school of thought. the second school of thought is if the agenda is broader you can have agreement on some issues. that has never been resolved,
the obama administration, president obama, during the campaign, has been open about his desire to try to engage iran bilaterally. it's often portrayed as kind of a last-ditch effort at dip application before you might have to resource to other options. would a bilateral negotiation, were that over to come about, give the u.s. an opportunity to engage on human rights issues? i mean, the u.s.' general policy, they want to keep it limited to arms control. is that proper or would there be an...
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the obama administration says the fee is only temporary. they believe that costs overall will lower, over time and then they will be able to phase that out in 2017, unless congress decides to extend the fee if those cost savings don't seem to materialize. if history is any guide congress almost never finds parting with new taxes very easy. several large companies will end up paying tens of millions of dollars in the fee. maybe a few hundred dollars for the small firms. most will get passed on to workers. it is a tax increase no matter how you look at it really. [shouting] gregg: well there you see it. this is brand new videotape from lansing, michigan, moments ago. you have thousands of union protesters angry over a new law about to be passed by the legislature there. this is the rotunda inside. and the governor is going to sign it, which will turn michigan into a right-to-work state. now supporters of right to work say this is going to attract businesses. it is going to encourage investment. it will allow workers to choose whether they wan
the obama administration says the fee is only temporary. they believe that costs overall will lower, over time and then they will be able to phase that out in 2017, unless congress decides to extend the fee if those cost savings don't seem to materialize. if history is any guide congress almost never finds parting with new taxes very easy. several large companies will end up paying tens of millions of dollars in the fee. maybe a few hundred dollars for the small firms. most will get passed on...
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do you think the obama administration should be trying to press israel will abstain? >> i think what the obama administration needs to do is -- you know the mideast is in chaos right now and israel is going to be affected a versely by that. what i think the obama administration needs to do is become more hands on in trying to promote arab israeli peace, peace between the israelis and the palestinians. that involved a whole lot more things than just settlements. and i think it was a mistake for instance for president obama in his first term to come out and make the fight on settlements. every administration in the united states has opposed settlements because they create facts on the ground that promote opportunities for peace. but it was a mistake for him to go out and say no more settleme settlements, no more expansion settlements and the secretary of state said the same thing and the minute they push back they cave. if you're going to take that position, you don't cave. but i think what's needed is a hands on approach to the peace process, arab israeli peace involvi
do you think the obama administration should be trying to press israel will abstain? >> i think what the obama administration needs to do is -- you know the mideast is in chaos right now and israel is going to be affected a versely by that. what i think the obama administration needs to do is become more hands on in trying to promote arab israeli peace, peace between the israelis and the palestinians. that involved a whole lot more things than just settlements. and i think it was a...
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Dec 6, 2012
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attorney or it's a trial balloon from the obama administration. and i think more likely, it's a trial balloon. because obama himself has said, look, i'm the president, but i can't legalize marijuana, because congress has outlawed it. either way, it is a trial balloon in the sense that it's going to have a chilling effect on the evolution of the industry in washington. the governor of the state, the regulators, when they get together to hash out the structure of the market, they are conspiring to break federal law. they're committing a crime. >> right. so how is that going to play out? in both these states, you have, you know, basically the law says they're going to have legalized marijuana growth and distribution and regulate it. can any of that even take place, unless there is some resolution from the federal government about how they're going to treat it? >> i think the state's going to move forward and wait to hear. they can't expect any resolution before they move forward. they have one year to do something that no one has ever done, create th
attorney or it's a trial balloon from the obama administration. and i think more likely, it's a trial balloon. because obama himself has said, look, i'm the president, but i can't legalize marijuana, because congress has outlawed it. either way, it is a trial balloon in the sense that it's going to have a chilling effect on the evolution of the industry in washington. the governor of the state, the regulators, when they get together to hash out the structure of the market, they are conspiring...
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my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the workforce. some $1 trillion offpaments of various kinds to keep people from working and to break up their families and to demoralize their earnest. it is -- it ignores the elephant in the room which is a massive departure of the prime age man from the work force. it is accelerating today. and part of tis is being subsidized by the government through record disability payments. lou: disability aymts from social security administration, taking that a side when one looks at food stamps and medicaid alone, you can add other incentives as well and support programs, but we ae looking at the prospect of having one in
my next guest says the obama administration is punishing job producers and subsidizing a withdrawal from the work force. joining us now, one of the country's most houghtfl, provocative political and economic thinkers, author george gilder who wrote the best seller, wealth and poverty, and a seminal work in it is great to have you with us. some people upon closer inspection, it isot good news anand people are leaving the wok force. >> it sure isn't. we are paying people to leave the...
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what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses moving higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, and ten year treasury down to 1.59%. no progress in resolving the fiscal cliff today. i know, you're not surprised by that, but we can report there were, well, some contact between the two principle players in the negotiations if there were negotiations. president obama and speaker john boehner actually talked to one another. it was on the telephone. it was not the face-to-face meeting the speaker says is necessary, but it was the first time that the two men have spoken in a week. for the latest on these stalled negotiations, we turn to fox news chief white house correspondent ed henry for the report. >> trying to lay blame for stalled bud
what you're looking at is people, perhaps, moving to get ahead of the obama administration's new and highly unattractive tax plan for investors. big winners on the day, financials, citi group stock up after announcing they are laying off 4% of the work force, cutting cost, bank of america and travelers example of the financialses moving higher. marathon, chevron, conoco all higher. crude oil down for a second straight day closing under 88 a barrel, and ten year treasury down to 1.59%. no...
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the obama administration fails to keep north korea from developing and testing a long range missile. this is "special report." ♪ ♪ >> chris: good evening. i'm chris wallace in for bret baier. north korea today joined the club of nations that have put a satellite in to space. the part that worries people here in washington is the same technology can be aflied to delivering nuclear warheads to the american west coast. north korea is now part of a modern day axis of evil for the u.s. iran is thought to be working on a nuclear bomb. the explosive situation in syria passed another landmark today. we begin with chief washington correspondent james rosen at the state department. on the failure to keep the north koreans grounded. >> with north korea successful launch of the three-stage rocket tuesday night the obama administration was left to ponder the limits of the engagement policy it doggedly pursued with rogue regimes around the world. >> as we have seen in the case of north korea, as we have seen in the case of iran to date, it's their choice whether they take advantage of it. spen
the obama administration fails to keep north korea from developing and testing a long range missile. this is "special report." ♪ ♪ >> chris: good evening. i'm chris wallace in for bret baier. north korea today joined the club of nations that have put a satellite in to space. the part that worries people here in washington is the same technology can be aflied to delivering nuclear warheads to the american west coast. north korea is now part of a modern day axis of evil for...
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the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i have to judge that by two things. first of all what i am hearing from my colleagues on the democratic leadership side they said they wanted to go over the fiscal cliff because we have argued all along they will start by simply taxing everybody over 250,000. they told me they wouldn vote fr anything that would tax everybody over 150,000. you take the president's actions. the president doesn't want to get an agreement or compromise he wants to get his way. he won't come to the table with any serious proposal because we can get a solution everybody can live with. >>> they have a bit of a messaging problem. i don't understand why there's not more of a conversation that starts with the fact these taxes go up. democrats would not extend what has been a republican proposal to keep them low. they are in place now and tha
the obama administration is happening what happens for the aying american families. we have congressman randy forbes. >> let me ask you something. do you feel like a president actually wants this to happen so that it gives him some political ad vantage? >> i have to judge that by two things. first of all what i am hearing from my colleagues on the democratic leadership side they said they wanted to go over the fiscal cliff because we have argued all along they will start by simply...
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. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the support, and toda a senior lawmaker says the syria government is now incapable of functioning properly. just before the meeting with the russian foreign minister, secretary clinton insisted that the united states and russia share common goals in the region. >> trying hard to work hard with russia to stop the bloodshed in syria and begin a political transition to a post asad future the pressure against the regime in and aroundamascus seems to be increasing. lou: at home, leon pa net fa issuing the -- panetta issuinghe sharpest warning yet. >> the president of t united states made it clear there will
. ♪ lou: the obama administration tonight ramping up dlomatic efforts to end seer -- syris bloody civil war and the fear assad could use chemical weapons against his own people. the military is prepared to use poisen gas bombs, secretary of hillary clinton flew to dublin to hold a meetg with her russian counter part and u.n. enjoy to syria meeting to discuss how they would end the now 21-month long conflict in syria and how to move assad from power. and there's no sign they had to reverse the...
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many tactical adjustments on the part of the obama administration. what we are seeing is at least one step backwards for every to step forward the obama administration seems to be mostly in full ford motor here's the thing. when you are talking about what they're doing these of the protesters and accommodating their concerns, but when you talk of what they're doing with this peace agreement with israel, when you talk about what they're doing with respect to cease-fires and a mosque, this is all temporary. it will not, i believe, be the long-term policy of the muslim brotherhood because they are committed to war against us. i mean, we have that from their own documents. the destruction of this country, western civilization. it sounds crazy, but that is their strategy. we are clear that they are dead set against israel. their franchise seek the destruction of israel. and these are simply adjustments on the road to that long term set of goals. lou: us talk about a couple of quick adjustments, some adjustments, quickly, if we may. let me turn to you firs
many tactical adjustments on the part of the obama administration. what we are seeing is at least one step backwards for every to step forward the obama administration seems to be mostly in full ford motor here's the thing. when you are talking about what they're doing these of the protesters and accommodating their concerns, but when you talk of what they're doing with this peace agreement with israel, when you talk about what they're doing with respect to cease-fires and a mosque, this is all...
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the use of chemical weapons is and would be totally unacceptable. >> reporter: obama administration and military officials say they believe president assad has gotten the message. >> we have sent an unmistakable message that this would cross a red line. and those responsible would be held to account. >> reporter: the syrian regime, which has been massacring citizens for nearly two-straight years, has been careful not to confirm it has the weapons. >> even if we have them, we shall not use them against our people. >> reporter: but president assad's father used chemical weapons. and officials believe pressure on the current government is mounting. opposition is making tactical gains that could trigger a shift in the conflict. the state department believes the conflict is growing closer to assad and is looking into reports that assad's men are looking for a place to go into exile. >> tahman bradley, live in washington. thanks, tahman. >>> we also have breaking news this morning from egypt. deadly clashes between opponents and supporters of egypt's new president. at least five people were k
the use of chemical weapons is and would be totally unacceptable. >> reporter: obama administration and military officials say they believe president assad has gotten the message. >> we have sent an unmistakable message that this would cross a red line. and those responsible would be held to account. >> reporter: the syrian regime, which has been massacring citizens for nearly two-straight years, has been careful not to confirm it has the weapons. >> even if we have...
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they are worried because the obama administration is behind, and further extending the protection of minorities forward and they want to see washington, dc, really, putting more pressure on the morsi government. >> the rights of the christian minority does not look like they are being addressed the way we would like. the dialogue that the state department has entered in with the egyptian government since the revolution, that needs to continue. >>reporter: we have more details on the meetings and the christian community here in the united states. you can find more on foxnews.com with details and the fate of these christians looks grim and we expect more seeking asylum in the united states. health thank you, dominic, from los angeles. >>gregg: rebound and house of representatives speaker boehner meet at white house today to discuss the looming fiscal cliff, there is new insight about who american thing should receive the most blame if lawmakers fail to reach a deal. according to the new "washington post" poll, this is a "washington post" poll, a majority of americans say they would hol
they are worried because the obama administration is behind, and further extending the protection of minorities forward and they want to see washington, dc, really, putting more pressure on the morsi government. >> the rights of the christian minority does not look like they are being addressed the way we would like. the dialogue that the state department has entered in with the egyptian government since the revolution, that needs to continue. >>reporter: we have more details on the...
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you never under estimate the obama administration tendency to overplay their hand. yes, they had a good hand, but they do too much. then the public catches up with what is going on here. they say wait a second, for spending cuts and the new stories are starting to change. that the democrats say they are not for that. >> bob: the people blame republicans if it doesn't work. they blame obama. if you brought up a number should rich people get tax increases overwhelmingly they yes. >> eric: let's talk about what is going on. president obama came out and said i want 1.6 trillion in new revenues. john boehner says we will give you $800 example in new revenue. obama came down to $1.4 trillion. boehner hasn't come back yet. if boehner offers $1 trillion new revenues can it pass the house? >> andrea: great question. we are sitting around the table sitting about deal that boehner brokers. he has to go back to the members to get the deal through the house. i'm not so sure about it. i know what he won't get through the house, raising taxes. he is not going to get some tax raisi
you never under estimate the obama administration tendency to overplay their hand. yes, they had a good hand, but they do too much. then the public catches up with what is going on here. they say wait a second, for spending cuts and the new stories are starting to change. that the democrats say they are not for that. >> bob: the people blame republicans if it doesn't work. they blame obama. if you brought up a number should rich people get tax increases overwhelmingly they yes. >>...
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remember the obama administration kept a lot of regulations back until after the election and they were kind of holding off on that. now we are finding out what it costs. >> we should give a nod to congresswoman michele bachmann because she was complaining about thighs headen numbers forever and everybody was so overwhelmed nobody paid attention. the $25 billion, suppose they don't need $25 billion. let me guess, do we get a refund on it? >> they do not give it back. >> there's a fox news alert. what a surprise! >> and this is a part of other taxes and fees that are going in effect on january 1st. you know, we are talking in washington about the fiscal cliff and raising taxes on the wealthy. taxes on the wealthy are going to go up january 1st regardless what happens with the fiscal cliff. the medicare tax on higher earnersers is going up and a steep tax on investment income. >> going up 3.8% on top of it. so the rich people who have -- who are high earners, their income will probably go up. and then they also, if they have investment income, it goes up 3.8% so they are paying more that
remember the obama administration kept a lot of regulations back until after the election and they were kind of holding off on that. now we are finding out what it costs. >> we should give a nod to congresswoman michele bachmann because she was complaining about thighs headen numbers forever and everybody was so overwhelmed nobody paid attention. the $25 billion, suppose they don't need $25 billion. let me guess, do we get a refund on it? >> they do not give it back. >>...
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Dec 6, 2012
12/12
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this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of continuing the tax breaks for the wealthy. now there's been very little progress here on chiapitol hill which is why so many have gone home. we know that president obama and john boehner spoke by phone. republican sources telling us they had a conversation yesterday. we don't have a readout on what that was about. we don't know that if any meetings have been scheduled. but any small sign of progress is welcome here on capitol hill. now with so many lawmakers headed home and likely to face the ire of their constituents, we saw one protester in baltimore yesterday over social security. there are a few
this as timothy geithner says the obama administration is willing to go over the fiscal cliff. nbc's tracie potts joins us live from washington with an update. good morning to you. >> reporter: let's start with geithner. he told cnbc that instead of continuing tax breaks for the wealthy, the obama administration is willing to go over this cliff which means they're willing to let your taxes go up and unemployment checks go away massive spending cuts happen if the pentagon instead of...
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Dec 6, 2012
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that's what they here after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. a poll shows nearly half of those ads say it's time to end talks cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes? >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect of an agreement that doesn't involve the tax -- remember, it's 207b8%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could start soon, but now we learn that a lot of members o
that's what they here after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. a poll shows nearly half of those ads say it's time to end talks cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes? >> is the administration prepared to go...